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E-Invoicing Could Help Save European Economy Millions And Support Growth - Gertrude Tumpel-Gugerell,
 
on Friday 07 May 2010

Source: European Central Bank

Being in Madrid, let me quote Miguel Cervantes, one of the greatest Spanish authors of all times, who once wrote that “Time ripens all things, and no man is born wise”. This quotation somehow promises that over time we have the opportunity to gain wisdom.

A key “wisdom” coming from the recent crisis is that only markets that are efficient and innovative but at the same time stable are the foundation for sustainable growth. In Europe, we, therefore, need to strengthen the foundation for growth by increasing the efficiency and competitiveness of the economy with at the same time ensuring financial stability. Integrated European markets, in the real and financial sector, are best placed to promote innovation and foster growth. So indeed, the time is ripe to reap the benefits of the integrated European market and to foster innovation. Using these assets, Europe can rise up from the experienced economic crisis even stronger than before.

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European e-invoicing drive aims to save billions
 
on Thursday 06 May 2010

The European Commission has called for moves to make electronic invoicing more accessible, particularly to smaller businesses, as part of a wider drive to bring down barriers to cross-border electronic procurement.

"(E-invoicing) is an essential part of an efficient financial supply chain, and it links the internal processes of enterprises to the payment systems," the commission said in a statement on Tuesday. It estimated the potential savings for businesses to be in the billions of euros per year.

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Transcepta, Oracle team up for integrated e-invoicing services
 
on Tuesday 04 May 2010

US electronic invoicing services company Transcepta has entered an agreement with Oracle to provide Oracle customers with pre-configured access to Transcepta's e-invoicing and supplier enablement services.

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“Go Green” Business Strategy: EBilling
 
on Thursday 29 Apr 2010

These days, more and more smart business owners are implementing more environmentally conscious strategies into the way they do business. Naturally, there are many reasons to go green (pun intended) and many consumers are more likely to choose a vendor based on the choice to go green.

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NACHA Partners with The Clearing House to Bring EBIDS to Market
 
on Wednesday 28 Apr 2010

The Electronic Payments Association announced today that it is partnering with The Clearing House to bring the Electronic Billing Information Delivery Service (EBIDS), an Automated Clearing House (ACH) Network bill presentment and payment solution, to market. EBIDS has been a NACHA pilot program since 2008, operated by the Federal Reserve Banks.

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